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Dec 26, 2012
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. >> reporter: jim jacobson has sold 22% of the residences at the ritz to affluent chinese. >> basically, they don't have a place to put their money. they look as their own economy as a place that's not very stable. the housing market is not very stable there either. >> reporter: this housing complex in irvine, california, is being built for chinese buyers. separate wok cooking rooms, no unlucky 4's in the addresses and multi-entrances for multi-generational living. scott meadows says chinese wealth is an opportunity, not a threat for american business. >> america is known for quality, so the chinese look at american-made products and foreign-made products in general as things they can trust. >> reporter: after all, that eagle is on the bottle because what so many chinese want is something made in the usa. ben tracy, rbs news, napa valley. >>> coming up after your local news on "cbs this morning" more on the violent weather in the south. we'll have live reports from alabama and indiana. plus, an eye-opening look at how your smartphone is collecting information about you and gale king sit
. >> reporter: jim jacobson has sold 22% of the residences at the ritz to affluent chinese. >> basically, they don't have a place to put their money. they look as their own economy as a place that's not very stable. the housing market is not very stable there either. >> reporter: this housing complex in irvine, california, is being built for chinese buyers. separate wok cooking rooms, no unlucky 4's in the addresses and multi-entrances for multi-generational living. scott...
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Dec 26, 2012
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. >> reporter: jim jacobson has sold 22% of the residences at the ritz to affluent chinese. >> basically they don't have a place to put their money. they look at their own economy where as place where it's unstable. the housing market is unstable there. >> reporter: this housing complex in irvine california is being built for chinese buyers. no unlucky 4s in the building and multientrances for different generations. back in china they say it's not a threat to america. >> american is known for quality so china looks at foreign made products in general as things they can truck. >> reporter: after all that eagle is on the bottle because what so many chinese want is something made in the u.s. ben tracy, cbs news, napa valley. >>> the big question for kids this week, what did you get from santa? >> we went door door in pacifica to find out. kids ranged from air hockey to perfume. it was clear a lot of young people were thrilled to receive their presents. >> i got a red sled and skim board and skateboard i got some santa claus outfit, that's the hat. >> and what would christmas be like without
. >> reporter: jim jacobson has sold 22% of the residences at the ritz to affluent chinese. >> basically they don't have a place to put their money. they look at their own economy where as place where it's unstable. the housing market is unstable there. >> reporter: this housing complex in irvine california is being built for chinese buyers. no unlucky 4s in the building and multientrances for different generations. back in china they say it's not a threat to america. >>...
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Dec 31, 2012
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i spoke with oklahoma senator jim enhoff earlier. senator enhoff, you issued a report on the damage that will be done to america's economy if president obama is able to push through by regulation, not legislation, but regulation his so-called greenish -- green initiative. let's talk about what happens to this country's economy and jobs if that happens. >> governor, first of all, i did that before the election. these are the regulations that he was going to impose, but he is waiting until after the election to do it for obvious reasons. all of these people will lose their jobs. he didn't want them to know that before the election. to put it in proper perspective, i think most people know that the deficit was really that came from the budget of the president, $5.3 trillion deficit. people understand that. they know about his war on fossil fuels. here we are in a position of having the most recoverable fossil fuels reserves of any country in the world. we could be totally independent in a matter of weeks, and he won't let us develop our
i spoke with oklahoma senator jim enhoff earlier. senator enhoff, you issued a report on the damage that will be done to america's economy if president obama is able to push through by regulation, not legislation, but regulation his so-called greenish -- green initiative. let's talk about what happens to this country's economy and jobs if that happens. >> governor, first of all, i did that before the election. these are the regulations that he was going to impose, but he is waiting until...
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Dec 26, 2012
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. >> next in sports. 49ers head coach jim harbaugh is asked if he thinks his team in is in trouble after sunday's blowout loss and lebron james and kevin derant square off in a rematch. a full slate of christmas day hoops have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doe
. >> next in sports. 49ers head coach jim harbaugh is asked if he thinks his team in is in trouble after sunday's blowout loss and lebron james and kevin derant square off in a rematch. a full slate of christmas day hoops have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need...
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Jan 3, 2013
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>> with jim demint leaving, there's a role for a fiery advocate to be filled. >> chuck, ted cruz also has a role at the nrsc. i'm looking at paul ryan. heeps what a taste of the big time. what does he really want to do? is it still ways and means chairman or does he have bigger eyes right now? >> if i were the white house, i would say let's let ryan and the white house negotiate that ceiling. >> it makes too much sense. >> it does. shameless plug. >> burnt orange. what do you got? >> in role call, we look at how the leaders function in the fiscal cliff debate. we looked at harry reid, mitch mcconnell, john boehner, et al, and roll call now freeline. >> on mondays i'm going to start writing a column, moving away from my editing duties and putting on my writing hat again. >> there's a great piece in "national journal," why rubio voted for this deal. >> the most important divide until we create a new one. that's it for this edition of "the daily rundown." tomorrow on the show, it's jobs day. we'll have the breaking news on the december unemployment report. coming up next, chris jansing.
>> with jim demint leaving, there's a role for a fiery advocate to be filled. >> chuck, ted cruz also has a role at the nrsc. i'm looking at paul ryan. heeps what a taste of the big time. what does he really want to do? is it still ways and means chairman or does he have bigger eyes right now? >> if i were the white house, i would say let's let ryan and the white house negotiate that ceiling. >> it makes too much sense. >> it does. shameless plug. >> burnt...
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. >> and jim can you hear me. we would need a couple of minutes to establish our phone connection with gm. i do not hear anything. it is not happening. >> we will come back to jim in a few minutes. >> the conditions are fabulous. to get there you do need chains. the avalanche warning has expired and salt. there8 in fai >> now we have at jim mcalpine. >> tons of snow! >> i will start with kirk would of over 7 ft.. the snow bomb guy i will put my word on 10 ft. of new snow at every tahoe resort. >> is the issue dressed up as santa claus? >> no, unfortunately not. >> the ski conditions are so good it is also to report almost every resort has all with spending. >> we just saw a shot where traffic was at a standstill. the chain of cars the cars with their change or driving in and pretty slow going. >>--wis chaith chains. >> i say it is fine if there is a crowd. that means it is a good idea. >> exactly. with intense heat of new snow is amazing and so much fun. i have to remind everyone it can be dangerous. two people ov
. >> and jim can you hear me. we would need a couple of minutes to establish our phone connection with gm. i do not hear anything. it is not happening. >> we will come back to jim in a few minutes. >> the conditions are fabulous. to get there you do need chains. the avalanche warning has expired and salt. there8 in fai >> now we have at jim mcalpine. >> tons of snow! >> i will start with kirk would of over 7 ft.. the snow bomb guy i will put my word on 10 ft....
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Jan 2, 2013
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jim cramer joins us now. does that mean the dogs will be better this year, jim? normally, right? >> dow versus the s&p, i've got to tell you, up 7%, 16%, maybe we've got to go back over and look at the dow. there are probably some bargains there, joe. >> jim, will this be you, now that we've -- i can argue from two sides, i made the point earlier, i think that they're still saying there may be a point to a point and a half drag on the gdp because of this. but don't you think the improvements in housing and having maybe a little bit of certainty, don't you think that we can grow above where we've been recently? don't you think the u.s. economy is that resilient? >> thank you, joe. because this is my theme for the beginning of the year, which is that this -- no one's happy with the deal. but i do believe there's momentum coming in. don't forget the need to rebuild from sandy. don't forget the autos are surging. i believe very strongly we have very good tailwinds coming into the year. also, europe better than we think. asia better than we think. latin america better than we think. t
jim cramer joins us now. does that mean the dogs will be better this year, jim? normally, right? >> dow versus the s&p, i've got to tell you, up 7%, 16%, maybe we've got to go back over and look at the dow. there are probably some bargains there, joe. >> jim, will this be you, now that we've -- i can argue from two sides, i made the point earlier, i think that they're still saying there may be a point to a point and a half drag on the gdp because of this. but don't you think the...
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not sure they do because, again, the consequences of making that again such a political battle -- >> jim, talk to that. why do you guys have leverage? a lot of republicans on capitol hill say, look, we should too much blood on this tax fight but we are more than happy to bring the president to his knees over these budget wars in the next 60 to 90 days. explain why you guys have such good leverage. >> i think the leverage is pretty simple. we've given the president his tax increases on the rich. the rich people are saying more or however the president wants to say it. so that part is off the table. now we get to concentrate on the spending. this president has run trillion dollar deficits every single year and he's had no interest in trying to slow those down. i think over the next 60 days for republicans to win this battle, they're going to have to frame this issue in spending trillion dollar deficits in a $16.4 trillion total debt in this country. if we don't want to be greece, we have to do something about big spending now. >> nia, i want to give you the last word on all of this. we wer
not sure they do because, again, the consequences of making that again such a political battle -- >> jim, talk to that. why do you guys have leverage? a lot of republicans on capitol hill say, look, we should too much blood on this tax fight but we are more than happy to bring the president to his knees over these budget wars in the next 60 to 90 days. explain why you guys have such good leverage. >> i think the leverage is pretty simple. we've given the president his tax increases...
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we have jim o'neill. he's going to join us to talk about whether he is bullish for the start of 2013 and how much the fiscal cliff is playing into his outlook. >>> welcome back to "squawk box" this morning. take a look at futures for the day, the s&p is up a little over 7 points as we await to see what happens with the fiscal cliff. >> it is the last trading day of the year. how will the global marketses react to our domestic drama? calling in right now on the squawk news line is jim o'neill. it's great to be speaking with you this morning. i know we made it through the mayan apocalypse, but will we make it three through the fiscal cliff, as well? >> gosh, i don't know. i keep exchanging my mind about this every day in the past week. what is quite encouraging in a way is that other markets around the world, other important mark particular are trading so much of their own issues that the disappointment in the u.s. has not affected them at all. and while europe has given a bit back, it's barely noticeable.
we have jim o'neill. he's going to join us to talk about whether he is bullish for the start of 2013 and how much the fiscal cliff is playing into his outlook. >>> welcome back to "squawk box" this morning. take a look at futures for the day, the s&p is up a little over 7 points as we await to see what happens with the fiscal cliff. >> it is the last trading day of the year. how will the global marketses react to our domestic drama? calling in right now on the...
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jim demint, one of three that did not vote last night. guest: i do not know if that means he was not here, or he abstained. -engine, -- i imagine he could not have voted to support this. host: donna, independent caller. caller: my concern is that i am basically lost in the cracks. i was a hard worker, paid my taxes, i had an accident, and now i have cancer. i get my medicare, but still i am having to pay for more insurance. my social security check went up, but i have to pay the high price of medical care because of the bills, and it is not fair because i can not get supplemental insurance to help me pay for my disease. i do not think it is fair enough to where i am lost in the crack, and i can barely make it. all of my money goes directly to medical costs. guest: i'm sorry to hear about that, if a tragedy, but she points out the problem. when you go after 2% of the taxpayers and small businesses to fix the problems better on our shoulders, it is picking the winners and losers. it happens on the other end as well. when you say we will pay
jim demint, one of three that did not vote last night. guest: i do not know if that means he was not here, or he abstained. -engine, -- i imagine he could not have voted to support this. host: donna, independent caller. caller: my concern is that i am basically lost in the cracks. i was a hard worker, paid my taxes, i had an accident, and now i have cancer. i get my medicare, but still i am having to pay for more insurance. my social security check went up, but i have to pay the high price of...
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. >> that was jim cooper of tennessee. you don't have to be a member of the house to be elected speaker so colin powell potentially could have gotten a few votes. what did that say to you, if anything, paul? >> it sounds like jim cooper doesn't like colin powell. ari is right, it's one of the toughest jobs in america to be the house speaker. democrats clearly p want nancy pelosi to continue leading them. the republicans want speaker boehner. yeah, there were a few dep senders but i've got to tell you, the house republicans that mr. boehner leads again is a failed state. the classic definition, the kinds of places like, you know, somalia and democratic republic of congo, the type of plateses that you like to report from, that's where the house republican conference is. i looked up the textbook definition, it's a collapse of central authority, check, and inability to receive collective decision making, check. inability to provide basic public services. well, sometimes they do. i don't give them a total pass on that. inabilit
. >> that was jim cooper of tennessee. you don't have to be a member of the house to be elected speaker so colin powell potentially could have gotten a few votes. what did that say to you, if anything, paul? >> it sounds like jim cooper doesn't like colin powell. ari is right, it's one of the toughest jobs in america to be the house speaker. democrats clearly p want nancy pelosi to continue leading them. the republicans want speaker boehner. yeah, there were a few dep senders but...
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. >> i'm sorry, jim. i am going to stop the subsidy to pbs. >> big bird here, patrick, may have never been so famous. did the big bird situation really hit home some. >> it did in the sense that it sort of made romney a purchling bag in the same way that another item on our list that some of the social media highlights either republicans or the national bench. when you get the moments that are sort of funny on the substance of them, but also sort of lend themselves so social media, and that was the case with clint eastwood and the case with the big bird comment. a lot of big bird fans on twitter, and they sort of made mitt romney eat his words on that one with the fake accounts and things like that. >> there goes the invisible obama. we have that chair there. that was a funny account. that was opened just within that same night. there's also this photo that was tweeted out by the president on election night. you remember. it became the most retweeted photo of all time. >> that's right. you know, i think w
. >> i'm sorry, jim. i am going to stop the subsidy to pbs. >> big bird here, patrick, may have never been so famous. did the big bird situation really hit home some. >> it did in the sense that it sort of made romney a purchling bag in the same way that another item on our list that some of the social media highlights either republicans or the national bench. when you get the moments that are sort of funny on the substance of them, but also sort of lend themselves so social...
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Dec 28, 2012
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welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for american business? you will hear directly as we reconvene our exclusive small biz all-star panel. >>> plus, call it the retail hu "hunger games." three companies that may not survive. >>> predictions 2013. big calls for the new year, mandy. >>> bring it on. the s&p 500 is on track for a fifth straight decline. some of the hope does seem to be coming out of the market of late for a deal. of course, there could still be time. nonetheless, what we have seen is a drop of 1.3% so far this week. indead, the s&p's longest losing streak in three months. even the good news on home sales. not helping the three major averages which are on pace for thei
welcome to my father-in-law jim lemarca and the cast of his book, "bonus time." it's sort of like "zero dark 30" kind of sort of. >> that will do it for "power lunch." >> "street signs" begins right now. >>> there is a full cornucopia of cliffs on this fiscal friday. the president plans to pop another tax proposal on congress, but will it pass? the clack is ticking. latest ahead. >>> so what would a cliff jump really mean for...
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Dec 26, 2012
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for "cbs this morning," i'm jim axelrod in new york. >> you know, i'd seen a lot of his movies. i didn't know all of these details, but reading about the life that he lived, i was blown -- it is extraordinary the life that he lived. rest in peace, charles durning. just amazing. >> an extraordinary example of an american who did so many things for this country. >> and also probably played the best character actor role in carcer actor role in "tootie" that i've ever seen in my life. >> incredible. >> one of my favorites. >> may he rest in peace. time for your local weather. >>> the supreme court made big news in 2012. and so did jerry sandusky and john ed we'll take a look back at the legal cases that had the biggest impact this year. ahead on "cbs this morning." ♪ ♪ aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print and have it picked up for free. any time of year. ♪ ♪ nice sweater. thank you. ♪ ♪ ♪ ♪ [ male announcer ] every time you say no to a cigarett
for "cbs this morning," i'm jim axelrod in new york. >> you know, i'd seen a lot of his movies. i didn't know all of these details, but reading about the life that he lived, i was blown -- it is extraordinary the life that he lived. rest in peace, charles durning. just amazing. >> an extraordinary example of an american who did so many things for this country. >> and also probably played the best character actor role in carcer actor role in "tootie" that...
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jim nabors that have a christmas party were on their way back when they spotted something floating in this pond. >> we thought it was a jacket we thought where were going to go to get it out. but we called 911. >> this woman did not want to show her face on camera after the track this body out. they realized it was their neighbor. but they do not live in this complex there have no idea how she got there. or issue is visiting. >> i do not know why she was here. my parents live here and we ran to the clubhouse. not a good day. police determined the woman was not a resident at the on the investigation. >> vicki: the woman accused of killing a grandmother in a drunk driving accident at the twin peaks look-out. had her bail set today at 2- million dollars. 23-year old gina eunice of san francisco. faced a judge for the first time today. eunice is accused of hit- and-run, drunken driving and vehicular manslaughter. the accident hurt three people and killed 56-year old yuee yao. who was here visiting her new grandchild from china. eunice's attorney tells us. her client is studying to become
jim nabors that have a christmas party were on their way back when they spotted something floating in this pond. >> we thought it was a jacket we thought where were going to go to get it out. but we called 911. >> this woman did not want to show her face on camera after the track this body out. they realized it was their neighbor. but they do not live in this complex there have no idea how she got there. or issue is visiting. >> i do not know why she was here. my parents live...
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congressman jim moran says there is a disconnect between the national rifle association's leadership and the nra members. the democrat from virginia is pushing a package of gun reforms he says most nra members support. and representative moran joins me now live from washington. good to have you with us. >> good to be with you, thank you. >> congressman, when many politicians think about the nra, they think about this legion of people who stand shoulder to shoulder with wayne lapierre and the leadership and what he says they believe. you believe, though, that the nra leadership is out of touch with the membership. why? >> well, this bill that we're introducing on the first session of the next congress has five measures where two-thirds of nra membership support them. in fact, in some cases one of them is supported by 79% of the nra members. so i do think there is a disconnect between the nra members and the gun manufacturers who basically pay the salaries of the nra leadership. but what this would do is to require background checks, not only for gun purchaser, purch e purchas purchase
congressman jim moran says there is a disconnect between the national rifle association's leadership and the nra members. the democrat from virginia is pushing a package of gun reforms he says most nra members support. and representative moran joins me now live from washington. good to have you with us. >> good to be with you, thank you. >> congressman, when many politicians think about the nra, they think about this legion of people who stand shoulder to shoulder with wayne...
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earnings rather than distribute them and companies of tomorrow will not get the funds they need to jim walton of walmart four million from dividends. they are top guys pulling the money out. when you look at investment dollars. we have seen so much fluxation in the stock market. stuart varney said it was an effort to cash out some of the money because they don't know what is happening next year. it proves the basic point. you raise taxes you are not raising revenues. most people will respond to thes . they are not sure and look at walmart. it is the walton family that is the richest family in the united states. they initially planned dividend pay out for january 2nd . uncertainty about the fiscal cliff. they are moving up it is yet another example of how we get around this. i would point out when companies are not paying out the dividends, it means we get waste we don't like. instead they spend on offices and private jets and otherwise they might have distributed those funds much >> yes. john tamny, have a great new years. >> and coming up on the show . how late is too late to get your
earnings rather than distribute them and companies of tomorrow will not get the funds they need to jim walton of walmart four million from dividends. they are top guys pulling the money out. when you look at investment dollars. we have seen so much fluxation in the stock market. stuart varney said it was an effort to cash out some of the money because they don't know what is happening next year. it proves the basic point. you raise taxes you are not raising revenues. most people will respond to...